DNB Asset Management AS Boosts Stock Position in Himax Technologies, Inc. $HIMX

DNB Asset Management AS raised its stake in Himax Technologies, Inc. (NASDAQ:HIMX) by 57.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 221,209 shares of the semiconductor company’s stock after purchasing an additional 80,812 shares during the quarter. DNB Asset Management AS owned 0.13% of Himax Technologies worth $1,953,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. US Bancorp DE raised its stake in shares of Himax Technologies by 46.8% during the third quarter. US Bancorp DE now owns 24,967 shares of the semiconductor company’s stock worth $220,000 after purchasing an additional 7,956 shares during the last quarter. NewEdge Wealth LLC purchased a new position in Himax Technologies during the 3rd quarter worth $142,000. GSA Capital Partners LLP lifted its stake in shares of Himax Technologies by 40.9% in the 3rd quarter. GSA Capital Partners LLP now owns 126,881 shares of the semiconductor company’s stock worth $1,120,000 after acquiring an additional 36,861 shares during the period. Herald Investment Management Ltd boosted its holdings in shares of Himax Technologies by 73.9% in the third quarter. Herald Investment Management Ltd now owns 400,000 shares of the semiconductor company’s stock valued at $3,528,000 after acquiring an additional 170,000 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Himax Technologies by 5.5% in the third quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock valued at $218,000 after acquiring an additional 1,280 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Price Performance

Shares of NASDAQ:HIMX opened at $7.31 on Wednesday. The business’s 50 day simple moving average is $8.06 and its 200-day simple moving average is $8.28. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 28.56 and a beta of 1.83. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.58 and a quick ratio of 1.39. Himax Technologies, Inc. has a 12 month low of $5.66 and a 12 month high of $10.38.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $203.08 million during the quarter, compared to analysts’ expectations of $199.16 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.Himax Technologies’s revenue was down 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 earnings per share. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Analysts Set New Price Targets

HIMX has been the subject of several analyst reports. Morgan Stanley reissued an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Wall Street Zen downgraded Himax Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, Zacks Research raised Himax Technologies to a “hold” rating in a report on Wednesday, November 12th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.00.

About Himax Technologies

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.